8 blasts, one after the other rocked the IT Hub of the nation on Friday afternoon, killing one woman and a man and injuring 6 other. The woman was identified as Laxmi, a garment factory worker and the man was identified as Anbu who was a labourer. These are initial reports and the authorities say the numbers may rise. The city is on high alert right now, shaken but still strong. The blasts are said to be low intensity blasts and the first one took place in
Madiwala at around 1pm this afternoon. The explosions shook
Nayandhalli,
Madiwala checkpost,
Adugodi,
Vittal Mallya Road and
Pantharapalya. 6 of the blasts are said to have occurred within 15 minutes of each other. As per the authorities, the bombs used in the incident were crude bombs stuffed with nuts and bolts.
What is weird is that since 1993, this is the sixth blast that has occurred on a Friday. But i'm happy to say that we as a nation have remained united as one, be it a Hindu or a Muslim. With the blasts in Bangalore, the effect is bound to be seen in the sentiments reflected by the markets in the coming few days. The market already reacted to the news today,
Sensex closing down 502 points and Nifty down 121 points. Markets are expected to open weak and stay slump during the day. The worst hit is expected to be taken by the IT stocks since Bangalore is the country’s IT hub. Rising Cab costs for IT/
BPO companies because of shortage of diesel in Bangalore and decreasing power supply in the city is hitting the operations and margins these companies are trying to sustain. Many Cab Companies have called for a rise in tariffs thus increasing the transportation costs.
"Those who deny freedom to others, deserve it not for themselves; and, under a just God, can not long retain it." - Abraham Lincoln
Sixteen low-intensity blasts have taken place in Ahmedabad on Saturday evening within a span of 70 minutes. 45 people have died in the blasts and more than 100 have been injured. The blasts happened in Maninagar, Bapunagar, Hatkeshwar, Sarnagpur Bridge, Amraiwadi, Govindwadi, Sarangpur, Chakla area and Jawahar Chowk. Another bomb was found in a garbage dump of a residential colony in Hatkeshwar on Sunday morning. In the face of terror we need the nation and the people to be united.
